Hot Listing

American BBQ Restaurant w/Absentee owner. SBA Approved

Asking Price$350,000

Cash Flow
$690,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$690,000

Inventory$15,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

American BBQ Restaurant w/Absentee owner. SBA Approved


Asking Price$350,000

Cash Flow
$690,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$690,000

Inventory$15,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This American BBQ restaurant has long history and owner only supplies are provided and issue the payroll.
So, this is owner absentee restaurant. They have BBQ Hamburger, Ribs, Sausage, Brisket and more.
Weekday, they closed 3pm and Friday, Sat, Sunday closed on 6pm.
You don't have to work for late evening so, workers are like to work this restaurant.
Tastes are so good. and famous restaurant in the town.
Gross sale is about $58,000 per month and Net income is $13,000.00
If you can able to work, you can make more profit and tips and more....
SBA Loan is approved with 30% down payment.
About the Business
Years in Operation
6
Employees
5
Facilities & Assets
all equipment and furniture are included.
Market Outlook / Competition
no competition
Opportunities for Growth
Owner is Asian people and operating American BBQ, but if you take over with perfect English, and more advertising makes improve better business.
About the Sale
Seller Motivation
Relocation
Transition Support
support 2 weeks training
Listing Info
ID
2388701
Listing Views
1487

Contact Seller

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Business Listed by: Richard Choi Good Partner Commercial Real Estate Team

Listing ID: 2388701 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.